Schertz, TX Cost of Living

Schertz cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.

A general overview of the cost of living index for Schertz, TX is displayed above. In Schertz, TX, the overall cost of living index is 96, which is 5% higher than the Texas average and 4% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Schertz, TX, the city's goods and services are 5% higher than the Texas average and 2% higher than the U.S. average.

Did you know?

The cost of living in Schertz is 5% higher than the Texas average.

The cost of living in Schertz is 4% lower than the national average.

The cost of housing in Schertz is 1% higher than the national average.

Texas general sales tax is 23% higher than the national average.

Texas state income tax is 100% lower than the national average.

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Compare Schertz, TX Cost of living To Other Cities

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Cost of living index

Goods & Services index

Groceries index

Health care index

Housing index

Transportation index

Utilities index

Use the salary calculator to compare your current salary in Schertz, TX to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Schertz, TX, then you would need to earn more income in order to maintain the same standard of living. To use the Schertz, TX salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median Income

Per Year

Per Month

Max Budget (28% DTI)

Max Budget (36% DTI)

Owners

$82,357

$6,863

$1,922

$2,471

Renters

$50,543

$4,212

$1,179

$1,516

How much of your monthly income goes to housing can tell you whether or not you can afford housing in Schertz, TX, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Schertz, TX homeowners have a median income of $82,357. Using that number, you will come up with a maximum of $1,922 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $50,543, which means there is a maximum of $1,179 to be spent on the costs of renting a home or apartment.

Texas Sales Tax

State

General Sales Tax

With Max Surtax

Texas

6.25%

8.25%

Texas Income Tax

State

Income Tax (Low)

Income Tax (High)

Texas

0%

0%

The Texas sales tax and Texas income tax rates should definitely be considered when determining the overall cost of living in Schertz, TX. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Texas sales tax is 6.25% and the maximum surtax is 8.25%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Texas income tax rates range from 0% to 0%.

Goods & Services

Item

Schertz

National avg.

Difference

Haircut

$14.00

$14.59

4.1%

Beauty Salon

$35.00

$34.68

0.9%

Toothpaste

$2.96

$2.47

19.7%

Shampoo

$0.83

$1.02

18.8%

Movie

$10.50

$9.87

6.4%

Bowling

$5.50

$4.39

25.2%

Groceries

Item

Schertz

National avg.

Difference

Ground Beef

$3.99

$4.48

10.9%

Fried Chicken

$1.07

$1.46

26.9%

Milk

$2.49

$2.36

5.7%

Potatoes

$3.11

$3.06

1.6%

Pizza

$9.08

$9.24

1.8%

Beer

$8.23

$8.63

4.7%

Health Care

Item

Schertz

National avg.

Difference

Optometrist

$85.00

$99.78

14.8%

Doctor

$96.67

$105.03

8.0%

Dentist

$81.67

$88.70

7.9%

Ibuprofen

$7.97

$9.41

15.3%

Lipitor

$285.91

$298.50

4.2%

Housing

Item

Schertz

National avg.

Difference

Home Price

$168,300.00

$175,700.00

4.2%

Avg. Mortgage Payment

$727.20

$1,081.03

32.7%

Apartment Rent

$1,038.00

$920.00

12.8%

Transportation

Item

Schertz

National avg.

Difference

Gasoline

$1.84

$2.09

11.8%

Tire Balancing

$34.80

$45.29

23.2%

Utilities

Item

Schertz

National avg.

Difference

All Electricity

$133.30

$170.80

22.0%

Phone

$28.00

$28.26

0.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.